Operate Money: The Wealth Game of the Knowledge Economy Era

Author: Andy Kessler (USA)
A.) Zhang Zhili, Zhan Nianyang
Publisher:
Publish Date: 2006-01-01
Features: This is a fascinating investment diary filled with behind-the-scenes stories told by insiders. Through his sarcastic lens, author Andy Kessler takes readers on a rollercoaster investment journey, showcasing a variety of high-tech companies, anonymous investors with hidden agendas, and venture capitalists maneuvering in the internet wave. Kessler has held various roles in Wall Street, from technical analyst to investment banker to venture capitalist, before finally founding a hedge fund to directly realize his investment philosophy. However, it’s not easy. He quickly realizes that every investor must find their own edge, or else they’ll struggle to make any headway in the thicket of Wall Street funds. After a chance encounter with a wise stranger on a flight, the author begins to reflect on history and explore the essence of profit. In the end, Kessler discovers three secrets to deciding whether to invest in a company: a massive market, extraordinary "competitive advantages," and a business model to leverage that advantage. With these three secrets, he embarks on his own adventure to seek huge profits.